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CIOs weigh where to place AI bets — and how to de-risk them

CIO

When it comes to AI, Nafde sees risks in the vendors selected, the business-worthiness of the use case, and the cost of the initiative. Given existing relationships with Webster Bank, that includes AWS and Microsoft. This ensures that none of our sensitive data and intellectual property are availed to an outside provider.”

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What are the main challenges CISOs are facing in the Middle East?

CIO

This is very crucial for example in the payments industry where failure to comply with requirements such as PCI-DSS could force an organisation out of business. As the overall banking public in Saudi Arabia and worldwide becomes more cashless, more incidences of online financial crime continue to be reported.

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Generative AI in Investment Banking

Alpha Sense BI

While they are not newcomers to digital transformation, investment banks (IBs) are increasingly adopting generative artificial intelligence (genAI) across their organizations. In the last couple of decades, investment banks have adopted AI for customer-centric interfaces and to automate data functions. million per employee by 2026.

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AI Technology is Invaluable for Cybersecurity

Smart Data Collective

AI poses a number of benefits and risks for modern businesses. The threat of cyber-attacks is expanding across all industries, affecting government agencies, banks, hospitals, and enterprises. A successful breach can result in loss of money, a tarnished brand, risk of legal action, and exposure to private information.

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F&G Annuities & Life Launches Its First Registered Index-Linked Annuity, F&G Confidence Builder

Wink Intel

Buffers offer protection from initial losses up to a certain pre-determined threshold, then you’re responsible for any additional losses. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services.

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Principal Financial Group® Announces Full Year and Fourth Quarter 2023 Results as well as 2024 Outlook

Wink Intel

DES MOINES, Iowa–( BUSINESS WIRE )–Principal Financial Group ® (Nasdaq: PFG) announced results for full year and fourth quarter 2023. Non-GAAP net income attributable to PFG excluding exited business 1 for the 12 months ending Dec. Non-GAAP net income excluding exited business per diluted share of $6.19 30% $1,051.4

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Principal Financial Group Announces 2023 and Long-Term Outlook

Wink Intel

DES MOINES, Iowa–( BUSINESS WIRE )–Principal Financial Group ® (Nasdaq: PFG) announced its 2023 and long-term financial guidance today. Assumptions The outlook for 2023 reflects: Corporate segment pre-tax operating losses of $(375)-$(425) million; U.S. 31, 2022; Interest rates follow forward curve as of Dec.

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